Arbitrum has launched Converge, a blockchain focused on tokenizing real-world assets (RWAs) and enhancing DeFi liquidity.
Ethena Labs and Securitize are bringing 7 billion USD in assets to Converge, utilizing stablecoins to stabilize transaction fees.
The initial block time for Converge is 100 milliseconds, with enhancements planned for faster speeds, while developers have increased flexibility in programming smart contracts.
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